1071 SOUTHCOTE Road, Hamilton, Ontario, L9G3L1

For saleJust listed

Today

$680K

1071 SOUTHCOTE Road, Hamilton, Ontario, L9G3L1

3 bd1 ba2 pk1,323 ft²

Listed by RE/MAX Escarpment Realty Inc.

80 MACLENNAN Avenue, Hamilton, Ontario, L8V1X6

For saleJust listed

Yesterday

$950K

80 MACLENNAN Avenue, Hamilton, Ontario, L8V1X6

6 bd4 ba2 pk2,896 ft²

62 BARNESDALE Avenue South, Hamilton, Ontario, L8M2V4

4 bd3 ba4 pk2,096 ft²

Listed by Re/Max Escarpment Realty Inc.

136 WARREN Avenue, Hamilton, Ontario, L9A3E1

For saleJust listed

Yesterday

$849K

136 WARREN Avenue, Hamilton, Ontario, L9A3E1

5 bd2 ba5 pk1,900 ft²

Listed by RE/MAX Escarpment Realty Inc.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$799,900

Hamilton

Book a showing

$799,900

For sale

Book a showing

51 AUGUSTA Street, Hamilton - Multi-family for Sale

51 AUGUSTA Street, Hamilton, Ontario, L8N1P8

1 bed3 baths2 parking2,118 ft²2,614 sq ft lot sizeListed 19 days ago

Overview

This multi-family property in Hamilton is for sale offering roughly 2,118 sq ft of space. It has been on the market 19 days, fresher than the Hamilton average of 65 days.

Multi-Family Properties for Sale in Hamilton →All real estate in Hamilton →

Description

Terrific location opportunity with this beautiful 3-unit building located just steps from trendy James St and the new GO Station with parking. 2,926 sf total space including 808 sf of storage in the basement, 1112 sf on the main level and another 1006 sf on the 2nd floor. Must be toured to see the endless possibilities for a large single Tenant, a live-work set up or a 3-unit investment property. A few minutes walk to the beautiful Hamilton Harbour and the Bayfront. Located on the main Bus Route. Currently set up as 2 residential renovated units and 1 commercial storefront. Units are separately metered and Tenants pay their Gas and Electricity. If you are looking for options for your professional office/retail space, this is it! Be in the heart of the action near great restaurants, law firms, medical facilities and more. Financing support available for qualified applicants. (id:66096)

Property Details

MLS®: 40871917
Property Type: Multi-family
Zoning: C5
Bedrooms: 1
Bathrooms: 3
Parking: 2
Interior Size: 2,118 ft²
Lot Size: 2,614 sq ft
Frontage: 38 ft
Units: 3
Year Built: 1855
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Visitor Parking
Ownership: Freehold
Property Tax

Features

Appliances: Central Vacuum, Microwave Built-in
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Hamilton listings, avg age

65d

Price / ft²

$378

List price

$800K

Haho

This 1-bed multi-family in Hamilton has been listed for 19 days, which is 46 days fresher than the city average of 65. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX Escarpment Realty Inc. · Raymond Loya

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8N)

This home lists at $799,900, about 14.6× the local median household income of $54,800.

Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 185% above the area median.

Median household income: $54,800
Population: 15,568
Median age: 36.8
Owner / renter: 26% / 75%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L8N)

$799,900· $378/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.87% · $54,990

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,796 capitalized)

Property tax (est.)$985/mo

Total monthly$5,115

Cash Needed to Close

Down payment (6.87%)$54,990

Land transfer tax$12,473

Est. closing costs$4,900

Total cash needed$72,363

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice